If government bailouts of companies are the new normal, we need a better strategic vision
The federal government’s announcement of a A$600 million rescue package for Glencore’s copper smelting and refining operations in Mount Isa and Townsville marks a definitive shift in Australia’s industry policy.
The announcement follows the $2.4 billion rescue of the Whyalla steelworks, and a smaller assistance package for metals...
Read more: If government bailouts of companies are the new normal, we need a better strategic vision